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The Financial Express

Search results for: Trade

UCB, Incentive Remit launch real-time remittance service in BD

UCB, Incentive Remit launch real-time remittance service in BD

FE Online Desk 2019-04-02 12:49:01

United Commercial Bank Limited (UCB), in collaboration with Incentive Remit (M) and FELDA Mobile (a joint venture company of Malaysia Government entity FELDA), has recently launched a real-time intern...

Review panel asks seven garment factories in Ctg to close down

Review panel asks seven garment factories in Ctg to close down

FE Report 2019-04-02 10:56:20

The official review panel has asked the owners of seven garment factories operating in three buildings in Chattogram to close down immediately, as they were found risky for workers. These factories...

Most Japanese companies want to expand business in BD: Survey

Most Japanese companies want to expand business in BD: Survey

FE Report 2019-04-02 10:40:20

Japanese companies consider the cheapest wage a most competitive feature for continuing business in Bangladesh among 20 Asian countries and two regions though the country's rate of year-to-year wage...

NBR launches online VAT return system

NBR launches online VAT return system

FE Report 2019-04-02 09:46:51

The National Board of Revenue (NBR) launched Monday online the VAT return submission system help businesses complete the process without harassment. With the newly-launched system, companies will n...

Most banks' data centres vulnerable to fire, quake

Most banks' data centres vulnerable to fire, quake

FE Report 2019-04-02 09:31:01

The data centres of nearly 60 per cent banks run the risk of being damaged in disasters like fire and earthquake due to their location in high-rise buildings, according to a study. The study also fou...

Export sectors demand equal fiscal benefits

Export sectors demand equal fiscal benefits

FE Report 2019-04-02 09:08:48

The country's export sectors sought Monday equal treatment in case of fiscal and other benefits in the forthcoming budget to promote diversification. Leaders of the sectors said there are some reduce...

Industries minister eyes more investments in diversified sectors  

Industries minister eyes more investments in diversified sectors  

FE Online Report 2019-04-01 20:54:30

Industries Minister Nurul Majid Mahmud Humayun on Monday urged the business community to come up with more investments to various potential sectors. He came up with the view when President of Dhaka C...

1,500 commercial trucks registered in Dhaka in Jan, Feb

1,500 commercial trucks registered in Dhaka in Jan, Feb

FE Online Report 2019-04-01 18:35:57

Around 1,500 commercial trucks were registered in the country in January and February 2019 alone, according to an official data. Among those, 1,037 trucks were registered in Dhaka, as per the data by...

TCB to start commodity sale for Ramadan on April 22

TCB to start commodity sale for Ramadan on April 22

-- 2019-04-01 17:52:32

The state-owned Trading Corporation of Bangladesh (TCB) will start selling commodities at subsidised rate across the country from April 22 on the occasion of the holy Ramadan beginning next month. &l...

Farming families’ micronutrient intake alarming: BIDS study

Farming families’ micronutrient intake alarming: BIDS study

Sajibur Rahman 2019-04-01 17:27:10

Many households are unaware of micronutrients such as vitamin A and have inadequate knowledge about foods enriched with such nutrients Only a quarter of farming families consume recommended level of...

Union Bank celebrates 7th anniv

Union Bank celebrates 7th anniv

FE Online Desk 2019-04-01 14:10:53

Union Bank Limited celebrated its 7th founding anniversary on Monday. A celebrating program was held in its Head Office at Gulshan in Dhaka. Omar Farooque, Managing Director of Union Bank, inaugurat...

China calls on New Zealand to provide 'fair' investment environment

China calls on New Zealand to provide 'fair' investment environment

-- 2019-04-01 11:59:11

Chinese Premier Li Keqiang called on New Zealand on Monday to ensure a fair investment environment, as he meet Prime Minister Jacinda Ardern whose country has rejected a bid by Chinese telecom giant H...

BD-India talks begin in city

BD-India talks begin in city

FE Report 2019-04-01 11:38:24

The Bangladesh and Indian customs intelligence began the first-ever Director General (DG)-level talks in Dhaka on Sunday, focusing on building an institutional framework to check illegal trade, exch...

Govt now moves to make changes in labour rules

Govt now moves to make changes in labour rules

Monira Munni 2019-04-01 10:14:10

The government has initiated a move to bring about necessary changes in the existing labour rules aiming to make them time-befitting in line with the amended labour law, officials said. Changes wer...

Essential goods to see no VAT, says Kamal

Essential goods to see no VAT, says Kamal

FE Report 2019-04-01 09:22:17

Finance Minister AHM Mustafa Kamal said Sunday the essential commodities will be exempted from value added tax (VAT) when the new relevant law comes into effect in July. He said the new VAT and suppl...

China will continue to suspend extra tariffs on US vehicles

China will continue to suspend extra tariffs on US vehicles

-- 2019-03-31 20:58:29

China’s State Council said on Sunday that the country would continue to suspend additional tariffs on US vehicles and auto parts after April 1, in a goodwill gesture following a US decision to d...

Govt to enact new VAT law with multiple rates from July 1

Govt to enact new VAT law with multiple rates from July 1

-- 2019-03-31 19:20:01

Finance Minister AHM Mustafa Kamal has reiterated that the new VAT law will come into effect from July 1, saying that there would be multiple VAT rates. “In the new VAT law, there will be toler...

Crab farming witnesses rise in FY17

Crab farming witnesses rise in FY17

FE Online Report 2019-03-31 18:31:38

Crab production witnessed a rise in the fiscal year 2016-17(FY17) compared to that in the previous fiscal (FY16), according to official data. Subsequently, the data also revealed that the area of cra...

FSIBL holds school banking conference in Chattogram

FSIBL holds school banking conference in Chattogram

FE Online Desk 2019-03-31 15:40:49

First Security Islami Bank Limited (FSIBL) recently organised a school banking conference in Chattogram. S M Moniruzzaman, Deputy Governor, Bangladesh Bank was present on the occasion as Chief Guest...

Cross-border electricity trade policy soon

Cross-border electricity trade policy soon

FE Online Desk 2019-03-31 15:19:21

The government is formulating a cross-border electricity trade policy, including in it the option for export as well as import. The policy, prepared by the Power Cell, was submitted to the Power Divi...

PM for diversifying industries to explore markets

PM for diversifying industries to explore markets

-- 2019-03-31 13:59:14

Prime Minister Sheikh Hasina has stressed the need for diversifying industries to explore both local and international markets to ensure the overall development of the country. “We could divers...

BIBM workshop on IT operations of banks Monday

BIBM workshop on IT operations of banks Monday

FE Online Desk 2019-03-31 13:42:39

A Review Workshop on IT Operations of Banks will be held at the BIBM Auditorium on Monday. Mr. S. M. Moniruzzaman, Chairman, BIBM Executive Committee and Deputy Governor, Bangladesh Bank will be the...

Rescue deal is no panacea for India's struggling Jet Airways

Rescue deal is no panacea for India's struggling Jet Airways

-- 2019-03-31 13:19:51

Jet Airways' investors are cheering this week's government-led rescue deal, but the cash-strapped Indian airline's future looks mired in uncertainty as convincing a new investor to come on board may n...

Thrust on policy for safe chemical management system

Thrust on policy for safe chemical management system

FE Online Desk 2019-03-31 13:13:37

DCCI president Osama Taseer urged for framing a 'Chemical Policy' in order for creating a national safe chemical infrastructure. He also urged for preparing a conducive policy guidelines for chemical...

EBL inks deal with iPay

EBL inks deal with iPay

FE Online Desk 2019-03-31 12:56:19

M. Khorshed Anowar, Head of Retail Banking of Eastern Bank Ltd (EBL) and Zakaria Swapan, Founder and CEO of iPay signed an agreement at EBL Head Office in Dhaka recently. The agreement allows custome...

Onsite audit soon to find corporate tax dodgers

Onsite audit soon to find corporate tax dodgers

Doulot Akter Mala 2019-03-31 09:08:05

The National Board of Revenue (NBR) is set to start an onsite inspection from the next month to cross-check whether corporate taxpayers' source tax deduction matches with expenditures, officials said....

Manufacturers seek increased duty on import of plastic goods

Manufacturers seek increased duty on import of plastic goods

-- 2019-03-30 20:18:23

The country's plastic product manufacturers and exporters have suggested the government to raise all kinds of taxes and duties on import of finished plastic goods. Bangladesh Plastic Goods Manufactur...

First Nat'l Industrial Fair to begin Sunday

First Nat'l Industrial Fair to begin Sunday

-- 2019-03-30 18:09:25

The 'First National Industrial Fair-2019' will start on Sunday at Bangabandhu International Conference Centre in the city. Industries Ministry has organised the event aimed at promoting local industr...

Bikroy launches campaign on Bengali new yr

Bikroy launches campaign on Bengali new yr

FE Online Desk 2019-03-30 12:40:02

Bikroy.com, the largest marketplace of Bangladesh, has launched exciting “Boishakhi Deals 1426 Powered By Minister” on the occasion of the upcoming Bangla New Year for its customers. Unde...

Honda confirms 16th US death linked to faulty Takata airbag

Honda confirms 16th US death linked to faulty Takata airbag

-- 2019-03-30 12:21:35

Honda Motor Co said on Friday it had confirmed a 16th US death has been tied to a faulty Takata airbag inflator. The Japanese automaker said that after a joint inspection Friday with the National High...